GTC Acquisition and Construction Overview

RETAIL: FINANCIAL IMPACT As of 30 June 2020 ■Loss of rental revenues due to impact of COVID-19 of €5m in Q2 2020 (€8m in H1 2020) ■ Collection rate at 91% in H1 2020 ■ Occupancy remained strong 92% ■ Value of retail assets down 7% (€59m) in H1 2020 Source: GTC 27 5 properties 216,000 sq m GLA | COVID 19 IMPACT | 92% occupancy GT CI

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